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Topic: [ANN] Expanse (EXP) - 1st Stable fork of Ethereum (New Algo + PirlGuard) - page 371. (Read 961474 times)

sr. member
Activity: 462
Merit: 250
And Ethereum had 12m ETH in their simple multisig premine reserve contract.. which they have already withdrew 7m :x

Our DAO contract limits the withdraw to 1% of the total contract balance per 24 hours.

Furthermore, Anyone trying to discredit our network by claiming its just a clone blahblahbalh is painfully ignorant to the nature of the ETH codebase. ETH was specifically designed to give anyone the ability to create their own chain with relative ease. They even encourage users to create their own private network if ETH's parameters dont fit their needs.. and ETH doesnt fit my needs so I'm creating EXP.

And taking a ridiculous premine which will stun the growth of the coin.  We don't care how you hold it.  The fact of the matter is that you're being greedy.  End of story.
hero member
Activity: 600
Merit: 500
1. Mine as much as you can
2. Dump when price pumps
3. Next clone please

Lots of money will be made. It's like we are back in 2013 with all the litecoin clones.

That's just how i see it, don't get mad at me Grin.
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
And Ethereum had 12m ETH in their simple multisig premine reserve contract.. which they have already withdrew 7m :x

Our DAO contract limits the withdraw to 1% of the total contract balance per 24 hours.

Furthermore, Anyone trying to discredit our network by claiming its just a clone blahblahbalh is painfully ignorant to the nature of the ETH codebase. ETH was specifically designed to give anyone the ability to create their own chain with relative ease. They even encourage users to create their own private network if ETH's parameters dont fit their needs.. and ETH doesnt fit my needs so I'm creating EXP.
hero member
Activity: 1778
Merit: 520
what time will the test net launch be happening tomorrow, looking forward to test mining this kinda had a hard time setting up miners for eth hopefully this will be more clear and a little simpler  Wink
legendary
Activity: 2198
Merit: 1014
Franko is Freedom

As for the reserve, 90% will be locked and released slowly over time no matter what, and this will be controlled by the Expanse Organization as a whole, not just the team. The time frame for this could be one year, five years, or whatever the community thinks is best. I personally think one year isn't long enough as it is likely funds will be spent as available on bounties and this could create an issue a year down the line, even if it is a year away. Although it is possible POS or something else might be implemented later, or perhaps voluntary mining percentage going to the community fund later. This would be up to the Expanse Organization as a whole. I personally prefer keeping it proof of work as many might not find out about this until years later, and I would like them to be able to mine it even then, but that is just my own view.

We are certainly open to suggestions on what time frame the community funds should be dispersed over, and it is critical that the community has control of them as laid out in the Organization plans. That is the point of smart contracts and having everything transparent.




Just remove it. Let core team take premine they want and that's all. You can't guarantee that reserve will be community reserve so it will be considered as more or less hidden premine.

Actually you can. Smiley

Code:
contract token { mapping (address => uint) public coinBalanceOf;   function token() { }   function sendCoin(address receiver, uint amount) returns(bool sufficient) {  } }


contract Democracy {

    uint public minimumQuorum;
    uint public debatingPeriod;
    token public voterShare;
    address public founder;
    Proposal[] public proposals;
    uint public numProposals;

    event ProposalAdded(uint proposalID, address recipient, uint amount, bytes32 data, string description);
    event Voted(uint proposalID, int position, address voter);
    event ProposalTallied(uint proposalID, int result, uint quorum, bool active);

    struct Proposal {
        address recipient;
        uint amount;
        bytes32 data;
        string description;
        uint creationDate;
        bool active;
        Vote[] votes;
        mapping (address => bool) voted;
    }

    struct Vote {
        int position;
        address voter;
    }

    function Democracy(token _voterShareAddress, uint _minimumQuorum, uint _debatingPeriod) {
        founder = msg.sender; 
        voterShare = token(_voterShareAddress);
        minimumQuorum = _minimumQuorum || 10;
        debatingPeriod = _debatingPeriod * 1 minutes || 30 days;
    }


    function newProposal(address _recipient, uint _amount, bytes32 _data, string _description) returns (uint proposalID) {
        if (voterShare.coinBalanceOf(msg.sender)>0) {
            proposalID = proposals.length++;
            Proposal p = proposals[proposalID];
            p.recipient = _recipient;
            p.amount = _amount;
            p.data = _data;
            p.description = _description;
            p.creationDate = now;
            p.active = true;
            ProposalAdded(proposalID, _recipient, _amount, _data, _description);
            numProposals = proposalID+1;
        }
    }

    function vote(uint _proposalID, int _position) returns (uint voteID){
        if (voterShare.coinBalanceOf(msg.sender)>0 && (_position >= -1 || _position <= 1 )) {
            Proposal p = proposals[_proposalID];
            if (p.voted[msg.sender] == true) return;
            voteID = p.votes.length++;
            p.votes[voteID] = Vote({position: _position, voter: msg.sender});
            p.voted[msg.sender] = true;
            Voted(_proposalID,  _position, msg.sender);
        }
    }

    function executeProposal(uint _proposalID) returns (int result) {
        Proposal p = proposals[_proposalID];
        /* Check if debating period is over */
        if (now > (p.creationDate + debatingPeriod) && p.active){   
            uint quorum = 0;
            /* tally the votes */
            for (uint i = 0; i <  p.votes.length; ++i) {
                Vote v = p.votes[i];
                uint voteWeight = voterShare.coinBalanceOf(v.voter);
                quorum += voteWeight;
                result += int(voteWeight) * v.position;
            }
            /* execute result */
            if (quorum > minimumQuorum && result > 0 ) {
                p.recipient.call.value(p.amount)(p.data);
                p.active = false;
            } else if (quorum > minimumQuorum && result < 0) {
                p.active = false;
            }
            ProposalTallied(_proposalID, result, quorum, p.active);
        }
    }
}

This is just the basic example provided by Ethereum.. and not to cast stones or anything but... even the Ethereum reserve contract doesnt use a DAO like we are.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW

As for the reserve, 90% will be locked and released slowly over time no matter what, and this will be controlled by the Expanse Organization as a whole, not just the team. The time frame for this could be one year, five years, or whatever the community thinks is best. I personally think one year isn't long enough as it is likely funds will be spent as available on bounties and this could create an issue a year down the line, even if it is a year away. Although it is possible POS or something else might be implemented later, or perhaps voluntary mining percentage going to the community fund later. This would be up to the Expanse Organization as a whole. I personally prefer keeping it proof of work as many might not find out about this until years later, and I would like them to be able to mine it even then, but that is just my own view.

We are certainly open to suggestions on what time frame the community funds should be dispersed over, and it is critical that the community has control of them as laid out in the Organization plans. That is the point of smart contracts and having everything transparent.




Just remove it. Let core team take premine they want and that's all. You can't guarantee that reserve will be community reserve so it will be considered as more or less hidden premine.
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Common, of course you can trust the team! The main dev is the hero behind the super successful and widely used Franko that was totally not a pump and dump... http://coinmarketcap.com/currencies/franko/

Oh wait.. "Maybe" it's a total retard idea to think that a bunch of script kiddies should be trusted with 11 million coins as a 'community fund'...just MAYBE!

But then again, if you take a 100% copy-paste coin seriously, maybe you have bigger issues. Though seriously, this one is dead pre-launch even as a pump and dump with that premine.

No moderated thread, no ICO, and we are using the reserve to have some funding for development and for the DAO. We are not having a ninja launch, no instamine, and that is actually more unfair in many cases. In fact we are having a test launch to make this fair for people that are not pro miners, with instructions and everything available in advance. You are free not to mine if you don't like it, and you are free to be critical and speak your mind here. I think we will prove the value of this over time however.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
Common, of course you can trust the team! The main dev is the hero behind the super successful and widely used Franko that was totally not a pump and dump... http://coinmarketcap.com/currencies/franko/

Oh wait.. "Maybe" it's a total retard idea to think that a bunch of script kiddies should be trusted with 11 million coins as a 'community fund'...just MAYBE!

But then again, if you take a 100% copy-paste coin seriously, maybe you have bigger issues. Though seriously, this one is dead pre-launch even as a pump and dump with that premine.

FRK? A pump n dump m8? You must be new here.

http://devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#franko

Christopher Franko is one of the most trusted people in this community.

https://www.bitrated.com/defaced

trollhardernub
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
I believe by address, yes, but Dan Conway should have more information explaining exactly how that works later. Obviously anyone could buy Expanse and vote with their expanse, but the initial reserve for the team will be publicly available with addresses. We will definitely be holding most and only selling small amounts as needed. The design is such that we believe we can increase the value over time for traders and miners, and of course for the team.
Well those funds will cover initial development costs at launch so I guess they will not frozen anyhow. It means that for many many months whole reserve will be FULLY controlled by core team.
If you want a community fund, release (hardcoded block reward & recipient) those funds a year (or even more) after genesis. Otherwise it will be 90%+ premine like many others. I have removed math from this post to do not create a FUD, however, current model looks really bad.









As for the reserve, 90% will be locked and released slowly over time no matter what, and this will be controlled by the Expanse Organization as a whole, not just the team. The time frame for this could be one year, five years, or whatever the community thinks is best. I personally think one year isn't long enough as it is likely funds will be spent as available on bounties and this could create an issue a year down the line, even if it is a year away. Although it is possible POS or something else might be implemented later, or perhaps voluntary mining percentage going to the community fund later. This would be up to the Expanse Organization as a whole. I personally prefer keeping it proof of work as many might not find out about this until years later, and I would like them to be able to mine it even then, but that is just my own view.

We are certainly open to suggestions on what time frame the community funds should be dispersed over, and it is critical that the community has control of them as laid out in the Organization plans. That is the point of smart contracts and having everything transparent.
full member
Activity: 224
Merit: 100
Common, of course you can trust the team! The main dev is the hero behind the super successful and widely used Franko that was totally not a pump and dump... http://coinmarketcap.com/currencies/franko/

Oh wait.. "Maybe" it's a total retard idea to think that a bunch of script kiddies should be trusted with 11 million coins as a 'community fund'...just MAYBE!

But then again, if you take a 100% copy-paste coin seriously, maybe you have bigger issues. Though seriously, this one is dead pre-launch even as a pump and dump with that premine.
sr. member
Activity: 463
Merit: 250
Remove the 11 million premine, and reduce it to a grand total of 1 million, all but 5% of that 1 million locked up in smart contracts that must be voted on by the community to unlock each portion of when the dates arrive. Set your greed aside and practice what you have preached for so long. Or keep it as is and be dead on arrival. Who would be dumb enough to place a buy order with over 3 months worth of coin hanging over the market...Get real.

legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
I believe by address, yes, but Dan Conway should have more information explaining exactly how that works later. Obviously anyone could buy Expanse and vote with their expanse, but the initial reserve for the team will be publicly available with addresses. We will definitely be holding most and only selling small amounts as needed. The design is such that we believe we can increase the value over time for traders and miners, and of course for the team.
Well those funds will cover initial development costs at launch so I guess they will not frozen anyhow. It means that for many many months whole reserve will be FULLY controlled by core team.
If you want a community fund, release (hardcoded block reward & recipient) those funds a year (or even more) after genesis. Otherwise it will be 90%+ premine like many others. I have removed math from this post to do not create a FUD, however, current model looks really bad.







legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Real cool project! I'm in. I would like to give my contribute as well!

Will I be able to mine it, run a node or manage a pool or something like that?

If you have a GPU that can mine Ethereum you will be able to mine Expanse. As for managing a pool that would be like normal, there will be pools that others provide I am sure, and if you could set one up that would be welcome.

Yes, I have some GPUs and I'm willing to mine it. Unfortunately, I haven't been able to get my GPUs to mine ether :\

do you have any tutorial for windows?

We will have instructions soon and a test launch, so you should be able to test everything in advance ahead of the main launch Sunday night. The Test Launch will be tomorrow.
legendary
Activity: 1596
Merit: 1027
Real cool project! I'm in. I would like to give my contribute as well!

Will I be able to mine it, run a node or manage a pool or something like that?

If you have a GPU that can mine Ethereum you will be able to mine Expanse. As for managing a pool that would be like normal, there will be pools that others provide I am sure, and if you could set one up that would be welcome.

Yes, I have some GPUs and I'm willing to mine it. Unfortunately, I haven't been able to get my GPUs to mine ether :\

do you have any tutorial for windows?
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Real cool project! I'm in. I would like to give my contribute as well!

Will I be able to mine it, run a node or manage a pool or something like that?

If you have a GPU that can mine Ethereum you will be able to mine Expanse. As for managing a pool that would be like normal, there will be pools that others provide I am sure, and if you could set one up that would be welcome.
sr. member
Activity: 293
Merit: 251
Director - www.cubeform.io
Holders (not the team) gets a 1/3 vote counted per EXP held, and the Advisor Board nominated and voted in by the team and the holders gets a 1/3 vote.

Is it possible to distinguish between core team premined coins (10% of reserve) and mined coins?

Yes, they can easily be determined by their origin, but the reality of such is trivial: dev coins could be sold to an exchange and new coins bought... In that case regular users have dev coins and devs have normal ones, the end result adding complication without much value.
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
Holders (not the team) gets a 1/3 vote counted per EXP held, and the Advisor Board nominated and voted in by the team and the holders gets a 1/3 vote.

Is it possible to distinguish between core team premined coins (10% of reserve) and mined coins?

I believe by address, yes, but Dan Conway should have more information explaining exactly how that works later. Obviously anyone could buy Expanse and vote with their expanse, but the initial reserve for the team will be publicly available with addresses. We will definitely be holding most and only selling small amounts as needed. The design is such that we believe we can increase the value over time for traders and miners, and of course for the team.
legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
Holders (not the team) gets a 1/3 vote counted per EXP held, and the Advisor Board nominated and voted in by the team and the holders gets a 1/3 vote.

Is it possible to distinguish between core team premined coins (10% of reserve) and mined coins?
legendary
Activity: 1596
Merit: 1027
Real cool project! I'm in. I would like to give my contribute as well!

Will I be able to mine it, run a node or manage a pool or something like that?
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